CREATIVE LEARNING ACADEMY OF PENSACOLA INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: CREATIVE LEARNING ACADEMY OF PENSACOLA INC (EIN 59-1433971)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2024-05-13
IRS object ID: 202401349349303010
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule E
Schedule G
Schedule K
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2024-05-13T10:11:02-05:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	454084437	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WARREN AVERETT LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	350 W CEDAR STREET SUITE 400	AddressLine1Txt
City	PENSACOLA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32502	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	591433971	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CREATIVE LEARNING ACADEMY	BusinessNameLine1Txt
Business Name Line2	OF PENSACOLA INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	CREA	BusinessNameControlTxt
Phone	8504321768	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3151 HYDE PARK ROAD	AddressLine1Txt
City	PENSACOLA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32503	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KIM STAFFORD	PersonNm
Person Title	HEAD OF SCHOOL	PersonTitleTxt
Phone	8504321768	PhoneNum
Signature	2024-05-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	KIM	PersonFirstNm
Person Last	STAFFORD	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	0	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CLAIRE DUREN CPA	PreparerPersonNm
PTIN	P01577924	PTIN
Phone	8504357400	PhoneNum
Preparation	2024-05-06	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	KIM STAFFORD	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3151 HYDE PARK ROAD	AddressLine1Txt
City	PENSACOLA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32503	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$3,809,215	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	HTTP://WWW.CREATIVELEARNINGACADEMY.ORG/	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1973	FormationYr
Legal Domicile State	FL	LegalDomicileStateCd
Activity Or Mission	MISSION: PREPARING STUDENTS TO LEARN, LEAD, AND BECOME THE CREATIVE PROBLEM SOLVERS OF THE FUTURE. VISION: CREATIVE LEARNING ACADEMY IS A CULTURALLY ENRICHED LEARNING COMMUNITY THAT INSPIRES CREATIVITY, INDEPENDENCE, AND INTEGRITY. THROUGH INNOVATIVE STUDENT EXPERIENCES AND AN ACADEMICALLY CHALLENGING CURRICULUM, CLA CREATES LIFELONG LEARNERS WHO SHARE A VISION OF EXCELLENCE AND ENGAGE AS ACTIVE, COMPASSIONATE CITIZENS.	ActivityOrMissionDesc
Voting Members Governing Body	15	VotingMembersGoverningBodyCnt
Voting Members Independent	15	VotingMembersIndependentCnt
Total Employee	70	TotalEmployeeCnt
Total Volunteers	75	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$191,776	PYContributionsGrantsAmt
CY Contributions Grants	$249,224	CYContributionsGrantsAmt
PY Program Service Revenue	$3,091,805	PYProgramServiceRevenueAmt
CY Program Service Revenue	$3,400,341	CYProgramServiceRevenueAmt
PY Investment Income	$5	PYInvestmentIncomeAmt
CY Investment Income	$74,696	CYInvestmentIncomeAmt
PY Other Revenue	-$474	PYOtherRevenueAmt
CY Other Revenue	$55,588	CYOtherRevenueAmt
PY Total Revenue	$3,283,112	PYTotalRevenueAmt
CY Total Revenue	$3,779,849	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$2,171,108	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$1,904,809	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$113,211	CYTotalFundraisingExpenseAmt
PY Other Expenses	$770,898	PYOtherExpensesAmt
CY Other Expenses	$911,322	CYOtherExpensesAmt
PY Total Expenses	$2,942,006	PYTotalExpensesAmt
CY Total Expenses	$2,816,131	CYTotalExpensesAmt
PY Revenues Less Expenses	$341,106	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$963,718	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,441,025	TotalAssetsBOYAmt
Total Assets EOY	$3,792,830	TotalAssetsEOYAmt
Total Liabilities BOY	$1,985,818	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$2,373,905	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$455,207	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,418,925	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	MISSION: PREPARING STUDENTS TO LEARN, LEAD, AND BECOME THE CREATIVE PROBLEM SOLVERS OF THE FUTURE. VISION: CREATIVE LEARNING ACADEMY IS A CULTURALLY ENRICHED LEARNING COMMUNITY THAT INSPIRES CREATIVITY, INDEPENDENCE, AND INTEGRITY. THROUGH INNOVATIVE STUDENT EXPERIENCES AND AN ACADEMICALLY CHALLENGING CURRICULUM, CLA CREATES LIFELONG LEARNERS WHO SHARE A VISION OF EXCELLENCE AND ENGAGE AS ACTIVE, COMPASSIONATE CITIZENS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$2,264,726	ExpenseAmt
Revenue	$3,400,341	RevenueAmt
Desc	PROGRAM SERVICE REVENUES INCLUDE TUITION AND REGISTRATION FEES WHICH ARE ESSENTIAL TO THE OPERATION OF THE SCHOOL WHICH IN TURN PROVIDES EDUCATION AND EXTRACURRICULAR ACTIVITIES FOR STUDENTS FROM PRESCHOOL AGE THROUGH THE EIGHTH GRADE. ACTIVITIES AND FEES PROVIDE EXPANDED OPPORTUNITIES FOR LEARNING AS WELL AS BROADEN THE STUDENTS' EDUCATIONAL EXPERIENCE.	Desc
Total Program Service Expenses	$2,264,726	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	0	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	32	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	70	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	Yes (1)	NondeductibleContributionsInd
Nondeductible Contri Discl	Yes (1)	NondeductibleContriDisclInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	15	GoverningBodyVotingMembersCnt
Independent Voting Member	15	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	Yes (1)	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	Yes (1)	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CREATIVE LEARNING ACADEMY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8504321768	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	3151 HYDE PARK ROAD	AddressLine1Txt
City	PENSACOLA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32503	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
MIKE BODENHAUSEN
TREASURER	5.00	Yes (X)	$0	$0	$0
ELIZABETH DAZA
PRESIDENT	5.00	Yes (X)	$0	$0	$0
STEVE HOMEWOOD
VICE PRESIDENT	5.00	Yes (X)	$0	$0	$0
JENNIFER MARSHALL
SECRETARY	5.00	Yes (X)	$0	$0	$0
JEFF MCCARTHY
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
TIA ROBBINS
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
TERRY BENSON
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
MARCIA LINDSTROM
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
ERICA REED
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
DEE REILLY
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
AMISHA GUJRAL
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
HAL LOVATO
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
ROGER ORTH
VICE PRESIDENT	5.00	Yes (X)	$0	$0	$0
PAUL SILIVOS
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
DAN THORNBURGH
BOARD MEMBER	5.00	Yes (X)	$0	$0	$0
KIM STAFFORD
HEAD OF SCHOOL	40.00		$127,003	$0	$0	Yes (X)
KAREN BOWDICH
DIRECTOR OF OPERATIONS	40.00		$51,789	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$178,792	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Fundraising	$21,517	FundraisingAmt
All Other Contributions	$227,707	AllOtherContributionsAmt
Total Contributions	$249,224	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	TUITION AND FEES, NET	Desc
Business	611110	BusinessCd
Total Revenue Column	$3,400,341	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,400,341	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$3,400,341	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$75,332	TotalRevenueColumnAmt
Exclusion	$75,332	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$13,690	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$13,690	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$13,690	TotalRevenueColumnAmt
Exclusion	$13,690	ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$587	SecuritiesAmt
Other	$49	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	-$587	SecuritiesAmt
Other	-$49	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$636	TotalRevenueColumnAmt
Exclusion	-$636	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$69,768	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$21,517	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$28,730	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$41,038	TotalRevenueColumnAmt
Exclusion	$41,038	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	MISCELLANEOUS REVENUE	Desc
Business	611110	BusinessCd
Total Revenue Column	$860	TotalRevenueColumnAmt
Related Or Exempt Func Income	$860	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$860	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,779,849	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,401,201	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$129,424	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$215,756	TotalAmt
Program Services	$152,354	ProgramServicesAmt
Management And General	$63,402	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,689,053	TotalAmt
Program Services	$1,532,163	ProgramServicesAmt
Management And General	$112,236	ManagementAndGeneralAmt
Fundraising	$44,654	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$81,591	TotalAmt
Management And General	$81,591	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$19,116	TotalAmt
Fundraising	$19,116	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$115,438	TotalAmt
Management And General	$115,438	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$163,825	TotalAmt
Program Services	$147,442	ProgramServicesAmt
Management And General	$16,383	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$42,140	TotalAmt
Management And General	$42,140	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$108,183	TotalAmt
Program Services	$108,183	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	FundraisingFundraisingAmt
CURRICULUM AND CLASSROO	$124,939	$124,939
SCHOOL & STUDENT EVENTS	$100,658	$51,217	$49,441
TECHNOLOGY	$54,169	$54,169
STAFF DEVELOPMENT	$53,291	$53,291

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$47,972	TotalAmt
Program Services	$40,968	ProgramServicesAmt
Management And General	$7,004	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,816,131	TotalAmt
Program Services	$2,264,726	ProgramServicesAmt
Management And General	$438,194	ManagementAndGeneralAmt
Fundraising	$113,211	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,455,653	BOYAmt
EOY	$1,897,018	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
EOY	$599,413	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$22,562	BOYAmt
EOY	$28,113	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$20,325	BOYAmt
EOY	$39,366	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$2,761,988	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,814,952	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$939,850	BOYAmt
EOY	$947,036	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$2,635	BOYAmt
EOY	$281,884	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,441,025	BOYAmt
EOY	$3,792,830	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$73,493	BOYAmt
EOY	$194,998	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$871,072	BOYAmt
EOY	$1,069,525	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$984,405	BOYAmt
EOY	$1,031,783	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$56,848	BOYAmt
EOY	$77,599	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$1,985,818	BOYAmt
EOY	$2,373,905	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$419,530	BOYAmt
EOY	$1,413,244	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$35,677	BOYAmt
EOY	$5,681	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$455,207	BOYAmt
EOY	$1,418,925	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,441,025	BOYAmt
EOY	$3,792,830	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$963,718	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$67,314	OtherCostOrOtherBasisAmt
Book Value	$67,314	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,152,220	OtherCostOrOtherBasisAmt
Depreciation	$1,455,994	DepreciationAmt
Book Value	$696,226	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$56,258	OtherCostOrOtherBasisAmt
Depreciation	$26,961	DepreciationAmt
Book Value	$29,297	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$486,196	OtherCostOrOtherBasisAmt
Depreciation	$331,997	DepreciationAmt
Book Value	$154,199	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$947,036	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
CONSTRUCTION IN PROGRESS	$124,891
FINANCE LEASE RIGHT-OF-USE ASSETS (NET)	$156,993

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$281,884	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	FINANCE LEASE LIABILITY	Desc
Amt	$77,599	Amt

Field	Value	IRS element (for citing)
Total Liability	$77,599	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$4,435,997	TotalRevEtcAuditedFinclStmtAmt
Donated Services And Use Fclts	$17,500	DonatedServicesAndUseFcltsAmt
Other Revenue	$609,869	OtherRevenueAmt
Revenue Not Reported	$627,369	RevenueNotReportedAmt
Revenue Subtotal	$3,808,628	RevenueSubtotalAmt
Other Revenues Not Included	-$28,779	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$28,779	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$3,779,849	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$3,472,279	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$17,500	DonatedServicesUseFcltsAmt
Other Expenses Included	$28,779	OtherExpensesIncludedAmt
Expenses Not Reported	$46,279	ExpensesNotReportedAmt
Expenses Subtotal	$3,426,000	ExpensesSubtotalAmt
Other Expenses Not Included	-$609,869	OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt	-$609,869	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,816,131	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART X, LINE 2:	THE INTERNAL REVENUE SERVICE HAS DETERMINED THE ACADEMY TO BE EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECOGNIZED. THE ACADEMY IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE DISCLOSURE OR ACCRUAL IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES.
PART XI, LINE 2D - OTHER ADJUSTMENTS:	ERC REVENUE INCLUDED IN EXPENSES 609,869.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	FUNDRAISING EXPENSES INCLUDED IN REVENUE -28,730. LOSS ON DISPOSAL OF ASSETS -49.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	FUNDRAISING EXPENSES INCLUDED IN REVENUE 28,730. LOSS ON DISPOSAL OF ASSETS 49.
PART XII, LINE 4B - OTHER ADJUSTMENTS:	ERC REVENUE INCLUDED IN EXPENSES -609,869.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	0	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	DRAGON JUBILEE	Event1Nm
Gross Receipts Event1	$91,285	GrossReceiptsEvent1Amt
Charitable Contri Event1	$21,517	CharitableContriEvent1Amt
Gross Revenue Event1	$69,768	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$4,188	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$4,440	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$13,602	FoodAndBeverageEvent1Amt
Entertainment Event1	$6,500	EntertainmentEvent1Amt
Gross Receipts Total	$91,285	GrossReceiptsTotalAmt
Charitable Contributions Tot	$21,517	CharitableContributionsTotAmt
Gross Revenue Total Events	$69,768	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$4,188	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$4,440	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$13,602	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$6,500	EntertainmentTotalEventsAmt
Direct Expense Summary Events	$28,730	DirectExpenseSummaryEventsAmt
Net Income Summary	$41,038	NetIncomeSummaryAmt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	CAPITAL TRUST AUTHORITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	883537006	BondIssuerEIN
Bond Issued	2023-12-13	BondIssuedDt
Issue Price	$8,491,000	IssuePriceAmt
Purpose	FINANCE AND REFINANCE SCHOOL FACILITIES	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Total Proceeds	$8,491,000	TotalProceedsAmt
Issuance Costs From Proceeds	$161,586	IssuanceCostsFromProceedsAmt
Capital Expenditures	$305,889	CapitalExpendituresAmt
Other Spent Proceeds	$650,094	OtherSpentProceedsAmt
Unspent	$344,205	UnspentAmt
Substantial Completion	2025	SubstantialCompletionYr
Refunding Tax Exempt Bonds	0	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	Yes (1)	RefundingTaxableBondsInd
Final Allocation Made	0	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedPropertyInd
Any Lease Arrangements	0	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	0	MgmtContractBondFincdPropInd
Any Research Agreements	0	AnyResearchAgreementsInd
Private Bus Use By Others	0.00000	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.00000	PrivateBusConcerningUBIPct
Total Private Business Use	0.00000	TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test	0	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	0	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	Yes (1)	RebateNotDueYetInd
Exception To Rebate	0	ExceptionToRebateInd
No Rebate Due	0	NoRebateDueInd
Variable Rate Issue	Yes (1)	VariableRateIssueInd
Hedge Identified In Bks And Rec	Yes (1)	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	RENASANT BANK	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Term Of Hedge	10.000000000000	TermOfHedgePct
Superintegrated Hedge	0	SuperintegratedHedgeInd
Hedge Terminated	0	HedgeTerminatedInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (1)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (1)	ProceduresCorrectiveActionInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	A COPY OF THE 990 GOES TO THE HEAD OF SCHOOL AND TREASURER FOR REVIEW.
FORM 990, PART VI, SECTION B, LINE 15B	THE SALARIES ARE COMPARED TO SURROUNDING SCHOOLS IN THE DISTRICT AND NEIGHBORING DISTRICTS AS WELL AS NAIS SURVEYS OF SCHOOLS OF A SIMILAR SIZE AND NATURE ACROSS THE U.S. THEHEAD OF SCHOOL AND/OR BOARD PRESIDENT THEN NEGOTIATES WITH IN-COMING TEACHERS AND ADMINISTRATION.
FORM 990, PART VI, SECTION C, LINE 19	MADE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 7:	UNDER THE PROVISIONS OF THE CARES ACT, THE ORGANIZATION WAS ELIGIBLE FOR THE EMPLOYEE RETENTION CREDIT (ERC) SUBJECT TO CERTAIN CRITERIA. DURING THE 2022-2023 FISCAL YEAR, THE ORGANIZATION CLAIMED CREDITS IN THE AMOUNT OF $609,869, WHICH IS SHOWN AS A REDUCTION OF SALARIES AND WAGES ON PART IX OF THE FORM 990. THE AMOUNT REPRESENTS REFUNDS DUE ON THE 2020 AND 2021 FORM 941 EMPLOYER QUARTERLY FEDERAL TAX RETURNS FOR THE QUARTERS ENDED JUNE 30, 2020, SEPTEMBER 30, 2020, DECEMBER 31, 2020, MARCH 31, 2021 AND JUNE 30, 2021.